EUR Tumbles Following Italian Debt Auction
January 13, 2012 8:18 pm by Dan EduardThe euro turned overwhelmingly bearish today, following an Italian debt auction that highlighted how fragile the euro-zone situation is. The debt auction failed to match the positive results of Thursday's Spanish bond sale, and led to investors once again ...
Price Action Suggests Players Expecting QE3
August 24, 2011 1:08 pm by Russell GlaserThe price action from this morning’s European trading session suggests market players are expecting the Federal Reserve to enact another round of quantitative easing as the USD traded lower despite bearish economic data from the euro zone.
United France and Germany Tackle Greece Debt Concerns
June 17, 2011 8:46 pm by Greg HoldenUnity between leaders in France and Germany was seen today as both French President Nicholas Sarkozy and German Chancellor Angela Merkel made statements about a new plan, dubbed the “Vienna Initiative,” that may lead to approval for an aid package ...
Interest Rates, Sovereign Debt, and Event Risk
June 6, 2011 1:12 pm by Russell GlaserThis week’s trading is highlighted by a mix of potential monetary policy moves and sovereign debt risks.
Inflation Pressures Remain on ECB Radar
June 6, 2011 8:49 am by Russell GlaserEuro zone PPI data may show continued inflationary pressures in the euro zone as the market shifts its attention from the Greek sovereign debt crisis to the upcoming ECB policy meeting.
Sterling Weakness Prevails Before Jobs Report
June 3, 2011 12:29 pm by Russell GlaserLeading up to this afternoon’s US jobs report the British pound has slipped versus the dollar and the euro with the EUR/GBP recovering to levels prior to the renewal of the European debt crisis two weeks ago.
Market Positioning Contributes to EUR/USD Rally
May 31, 2011 9:48 am by Russell GlaserGermany’s willingness to compromise on the restructuring of Greek sovereign debt combined with market positioning has allowed for euro bulls to regroup.
Dollar Declining as FX Markets Look Past Greek Debt Crisis
May 30, 2011 12:54 pm by Russell GlaserGreece remains the key question going forward though towards the end of last week the debt crisis was beginning to weaken its impact on the FX markets and the euro.
Euro Gains on Chinese Interest while Gold Falls $10
May 26, 2011 1:22 pm by Russell GlaserThe FX markets have calmed following the sharp price moves seen in the Asian session as traders await US economic data later. The euro and equities are higher spurred by Chinese interest in Portuguese bailout debt and dollar block currencies. ...
